224 Aspenwood Drive, Newmarket

Price: $1,260,000

5 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: N13686274

Beautifully Upgraded 4+1Bedroom/ 5 Bathroom Detached House With Over 3500 sqft living space, Including A Legal Walk-Out Basement Apartment ! Nested In The Highly Desirable Woodland Hills Community In Newmarket With Low Traffic. Ideal For Families. Step Inside To A Bright And Spacious Foyer Featuring A Stunning Curved Staircase With Rich Hardwood Railings- -An Impressive Architectural Focal Point That Adds Character And Elegance To The Home. Modern Kitchen Is Designed With Granite Countertops, Breakfast Bar And A Walkout To A Huge Balcony Overlooking The Backyard--Perfect For Enjoying Your Morning Coffee Or Entertaining Guests. The South-facing Family Room Features A Cozy Gas Fireplace, Creating The Perfect Space To Relax. Recently Upgraded With New Kitchen Countertop & Sink/faucet, Potlights, New Floors On The 2nd Floor For 3 Bedrooms, 2 New Toilets & New Shower In The Master, Freshly Painted. Move-In Ready Condition!! Close To Shops, Schools, Parks, Upper Canada Mall, Trails & All Amenities. Go Train W/I Short Driving Distance. The Legal Walk-out Basement Unit Provides Excellent Additional Living Space And Income . The BSMT Is Currently Tenanted And No Photos Due To Privacy. Don't Miss The Truly Impressive Home That Combines Classic Elegance, Generous Space And Timeless Appeal In A Desirable Family Setting.

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New Listing
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$1,260,000 - 224 Aspenwood Drive, Newmarket

Detached for Sale in Newmarket

New — Listed 6 days ago

Neighbourhood: Woodland Hill

5Beds
5Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
N13686274
Property Type
Detached
Status
active
Days on Site
6
Bedrooms
5
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Newmarket
Listing Brokerage
NU STREAM REALTY (TORONTO) INC.
Description

Beautifully Upgraded 4+1Bedroom/ 5 Bathroom Detached House With Over 3500 sqft living space, Including A Legal Walk-Out Basement Apartment ! Nested In The Highly Desirable Woodland Hills Community In Newmarket With Low Traffic. Ideal For Families. Step Inside To A Bright And Spacious Foyer Featuring A Stunning Curved Staircase With Rich Hardwood Railings- -An Impressive Architectural Focal Point That Adds Character And Elegance To The Home. Modern Kitchen Is Designed With Granite Countertops, Breakfast Bar And A Walkout To A Huge Balcony Overlooking The Backyard--Perfect For Enjoying Your Morning Coffee Or Entertaining Guests. The South-facing Family Room Features A Cozy Gas Fireplace, Creating The Perfect Space To Relax. Recently Upgraded With New Kitchen Countertop & Sink/faucet, Potlights, New Floors On The 2nd Floor For 3 Bedrooms, 2 New Toilets & New Shower In The Master, Freshly Painted. Move-In Ready Condition!! Close To Shops, Schools, Parks, Upper Canada Mall, Trails & All Amenities. Go Train W/I Short Driving Distance. The Legal Walk-out Basement Unit Provides Excellent Additional Living Space And Income . The BSMT Is Currently Tenanted And No Photos Due To Privacy. Don't Miss The Truly Impressive Home That Combines Classic Elegance, Generous Space And Timeless Appeal In A Desirable Family Setting.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,573.40/mo

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5-yr fixed avg.

Principal: $1,008,000Interest: $664,021
Mortgage Amount$1,008,000
Total Interest$664,021
Est. Property Tax$893/mo
Total Cost$1,672,021

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Woodland Hill

Discover Woodland Hill

Woodland Hill is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Woodland Hill

  • Convenient location in Newmarket
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Woodland Hill offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

224 Aspenwood Drive, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$893
Insurance (est.)-$263
Net Cash Flow+$2,794

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $504/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Newmarket's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Newmarket are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Newmarket.

Bathroom Count Matters

With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Woodland Hill

I know Woodland Hill well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    224 Aspenwood Drive, Newmarket | $1,260,000 | Battaglia Team